
In addition to the current program of up to six billion euros, the group plans to buy back further own shares by the end of 2030
AI-generated summary
Siemens Energy is benefiting greatly from increasing demand for turbines and grid equipment to power data centers needed for AI. On Wednesday, the company will present the figures for the past 2025/26 financial year, which is expected to have brought it billions in profits.
The energy technology group Siemens Energy wants to give its investors a greater share of the bubbling profits with its share buyback program.
The company is expanding its share buyback program and plans to buy back additional shares worth up to nine billion euros by the end of the 2030 financial year, in addition to the current share buyback of up to six billion, the company announced on Tuesday evening.
On Wednesday, the group will present its figures for the past 2025/26 financial year, which is likely to have brought it billions in profits. Siemens Energy is benefiting greatly from increasing demand for turbines and grid equipment to power data centers needed for AI.

In a letter to Ursula von der Leyen, Chancellor Friedrich Merz calls for European emissions trading not to be changed. Rising CO₂ prices and fewer free certificates are putting a strain on German industry. Experts warn that struggling companies can be driven into insolvency because obligations remain in place even in the event of bankruptcy and government aid can be lost.

Nvidia shares continued to fall significantly on Tuesday. Within a week, the stock market value shrank from just under $5.0 to around $4.0 trillion. The background is CEO Jensen Huang's affair with a suspected Chinese spy. The FBI is investigating and a shareholder is suing for damages.

U.S. consumer prices rose 0.4 percent in October, beating expectations of 0.3 percent. The two-year bond yield climbed to 4.76 percent, its highest level in more than two years. Fed Governor Christopher Waller called for a 50 basis point rate hike in December.

The DAX is recovering two trading days after a slump and is once again approaching its record high of 26,692 points. Supported by falling oil prices and statements by US President Trump on the Iran conflict, the leading index rose by 0.3 percent to 26,347 points. At the same time, robust US inflation data and doubts about the AI boom are weighing on sentiment, while Nvidia boss Jensen Huang is facing espionage allegations and Infineon expects strong growth for 2026/27.

The Warsteiner Group concentrates its beer production in North Rhine-Westphalia at its headquarters in Warstein. The breweries in Herford and Paderborn will be closed or sold, and the Herforder and Paderborner brands will move to Warstein. More than 330 employees are affected by the restructuring; in Warstein alone, around 125 jobs are to be cut by the end of 2026.

For the first time in years, the Trump Media & Technology Group reported a quarterly profit of almost $410 million for July to September 2026. Sales tripled to three million dollars, but remain far behind profits. The operational business remains in loss; The profit depends primarily on the performance of the crypto and financial portfolio, which was worth around $2.3 billion at the end of October.